Hi Guys,
Bulls to bears, here are the forecasts for week 8.
https://docs.google.com/spreadsheet...VubUoyTm9jZGh4Z0tzdVJoZXc&usp=drive_web#gid=0
Pack is 75% bullish with only 2 bears; Pete and VielGeld...
Estimated ATR is 54 ticks compared to an average true ATR of 23 for the last 8 weeks. I'm tempted to say market is in agreement as to where the S&P should be but I could be wrong.
Prosperous trading to you all
1855 - Steady Teddy
changing your view on a failed high then? Sensible approach
One of my colleagues pointed out that Mr big G may only be hedging his positions with this short. $1.3bn is small fee in the realm of multi-billion funds under management. :idea:
One of my colleagues pointed out that Mr big G may only be hedging his positions with this short. $1.3bn is small fee in the realm of multi-billion funds under management. :idea:
Point to consider I reckon.
Why do markets remain flat or even go up despite all the bad economic data around the globe? Data are really bad. What do you think?
Check out this article:
http://www.marketvibration.com/index.php?id=79
What do you think?